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Prophecy DeFi (XCNQ:PDFI) Research & Development : C$0.00 Mil (TTM As of Dec. 2023)


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What is Prophecy DeFi Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Prophecy DeFi's Research & Development for the three months ended in Dec. 2023 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.00 Mil.

Prophecy DeFi Research & Development Historical Data

The historical data trend for Prophecy DeFi's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prophecy DeFi Research & Development Chart

Prophecy DeFi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Prophecy DeFi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Prophecy DeFi Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Prophecy DeFi  (XCNQ:PDFI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Prophecy DeFi Research & Development Related Terms

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Prophecy DeFi (XCNQ:PDFI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prophecy DeFi Inc (XCNQ:PDFI) » Definitions » Research & Development
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XCNQ:XTCY TSXV:FA XCNQ:XSF XCNQ:CALI.X XCNQ:MRBL TSXV:MIT TSX:AXIS TSXV:AFCC.H V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257
Traded in Other Exchanges
V8M:Germany
Address
87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4
Website
https://www.prophecydefi.com
Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.
Executives
John Andrew Mcmahon Director, Senior Officer

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